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Citi ThankYou Points conversion
Do you know if one can convert Citi ThankYou points from a Preferred card to a Premier or Prestige card by opening a Premier or Prestige card and closing the Preferred one? The goal would be to be able to transfer the points to airline or hotel programs That’d be analogous to using Chase UltimateRewards points from a Freedom card if you open another card with UR. I have a feeling it’s not possible with the Citi ThankYou program as the points from the two different points might tracked by the sources they originated from — but I’m sure you know the answer!
Simply try combining the accounts as described here
Procedure should be the same for the Preferred card.
Lucky wrote in the comments to that article with regards to transferring to airlines;
@ mangoceviche — That’s correct. Points from cards like the Preferred can be in conjunction with the Prestige/Premier, but not banking points, as far as I know.
I wouldnt close the Preferred card, especially if you’ve had it for a while. No annual fee and keeping it long term looks good for your credit history